Smiths Group PLC SMIN Bond Offering

  Smiths Group PLC (SMIN) - Bond Offering

RNS Number : 0148O
Smiths Group PLC
05 October 2012

News Release

London, 5 October 2012

For immediate release


Smiths  Group  plc  confirms  the   launch  yesterday  of  a  US$400   million 
dollar-denominated bond offering ("the  Notes") for general corporate  funding 
purposes and to repay certain existing debt.

The Notes, priced with a coupon of 3.625%, have a maturity in October 2022 and
the offer is  expected to close  on 12 October  2012. They will  be issued  by 
Smiths Group plc, guaranteed by  Smiths Group International Holdings  Limited, 
and  will  rank  pari  passu  with   all  of  its  other  existing   unsecured 

Smiths Group Finance Director Peter  Turner said: "This successful bond  issue 
reinforces our financing strategy of  proactively managing our debt  portfolio 
primarily with long-term US$ denominated debt."

Investor Relations

Peter Durman
+44 (0)20 7808 5535

Media Relations

Colin McSeveny
+44 (0)20 7808 5534

Cardew Group

Anthony Cardew
+44 (0)20 7930 0777

Smiths Group

Smiths is a  global technology  company which is  listed on  the London  Stock 
Exchange (SMIN) and operates  a sponsored level one  ADR programme (SMGZY).  A 
world leader  in  the  practical application  of  technologies,  Smiths  Group 
products and services for the threat & contraband detection, medical  devices, 
energy and communications  markets worldwide. Our  products and services  make 
the world safer, healthier and more productive. Smiths Group employs more than
23,000 people in over 50 countries.

                     This information is provided by RNS
           The company news service from the London Stock Exchange


MSCEASESESDAFEF -0- Oct/05/2012 06:00 GMT
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